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EucKal Apartments

FHA New Construction & Substantial Rehab

Endorsed November 10, 2022

FHA #00035590

Deal Details

Location
WASHINGTON, District of Columbia
Mortgage Amount
$16.6M
Units
50
Program
New Construction & Substantial Rehab
Lender
GERSHMAN INVESTMENT
Fiscal Year
FY2023
LIHTC
Yes
Tax-Exempt
Yes

Current Loan Status

Active
Outstanding Balance
$16.6M
Interest Rate
4.20%
Maturity
June 2064(38 years remaining)
Original Term
40 years
Holder
GERSHMAN INVESTMENT
Servicer
GERSHMAN INVESTMENT

Source: HUD BF90 Active Insured Mortgages · Data as of February 2026

Data Sources

Endorsement data: HUD FHA Multifamily Firm Commitments and Endorsements Database

Active loan data: HUD BF90 Active Insured Mortgages, as of February 2026

hud.gov multifamily data

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